Amazon arbitrage is growing in popularity, and for good reason. People are making thousands of dollars each month by reselling products on Amazon that they purchased either on an online retail site or at a physical store.
Of course, it takes some business know-how and a bit of research into the world of arbitrage to really start raking in the big bucks, but it's totally possible. In the coming years, we can expect to see more individuals taking advantage of FBA, so now might be the time to hop on this trend.
What Makes Amazon Arbitrage So Great?
Let's back up for a second and look at what makes this whole endeavor so great anyway. First of all, it's something that most people start out doing in their spare time. You can continue working your nine-to-five job while making some extra cash on the side, and who wouldn't want that? Furthermore, it doesn't take a genius to figure it out, so even if you're not great with math or numbers, you just need to be observant to start earning money.
The Foundation Is Pretty Simple
As for getting started with Amazon arbitrage, familiarizing yourself with the basics is relatively easy. Recognize that this is a fairly straightforward process. First of all, you can take an item you already have, or buy a product off of Amazon, eBay, or another retail store, online or in store.
You can then send that item to Amazon's fulfillment center, where they will list it to sell. Once the product gets a buyer, Amazon ships it for you thanks to their FBA service, and you make a profit.
So, how are people making money with this process? Consider that you're shopping at Walmart or any other retailer, really. You spot a great sale on an item and notice that it's 50, 60, 75% off.
You can load up on that item and then sell it on Amazon for its full price. Once someone buys it, you will make a profit with very little effort. Clearly, there aren't any entrepreneurial skills required to do that.
The Growing Face of Amazon Arbitrage and FBA
These days, online shopping is becoming the norm, and therefore, people are picking up on the idea of Amazon arbitrage.
They don't have to deal with the same customer service pressures of traditional businesses, nor do they need to worry about providing just the right products because Amazon is a retailer that sells just about everything. Yes, more experienced sellers will try to keep their offerings in a consistent niche, but it's not totally necessary.
When you're just starting out, it's all about easing into it and focusing on a few great products to begin with. To make things even easier, product research solutions such as this app can help save time when sourcing products to sell on Amazon. You don't need to be a jack of all trades, but if you consistently offer consumers good quality products, they will be willing to come back for more.
Sellers also take advantage of Amazon Prime's user benefits because Prime users are more likely to become repeat customers and purchase more. As Amazon arbitrage becomes more popular, you should think about getting started yourself!
With so many groundbreaking medical advances being revealed to the world every single day, you would imagine there would be some advancement on the plethora of many female-prevalent diseases (think female cancers, Alzheimer's, depression, heart conditions etc.) that women are fighting every single day.
For Anna Villarreal and her team, there frankly wasn't enough being done. In turn, she developed a method that diagnoses these diseases earlier than traditional methods, using a pretty untraditional method in itself: through your menstrual blood.
Getting from point A to point B wasn't so easy though. Villarreal was battling a disease herself and through that experience. “I wondered if there was a way to test menstrual blood for female specific diseases," she says. "Perhaps my situation could have been prevented or at least better managed. This led me to begin researching menstrual blood as a diagnostic source. For reasons the scientific and medical community do not fully understand, certain diseases impact women differently than men. The research shows that clinical trials have a disproportionate focus on male research subjects despite clear evidence that many diseases impact more women than men."
There's also no denying that gap in women's healthcare in clinical research involving female subjects - which is exactly what inspired Villarreal to launch her company, LifeStory Health. She says that, “with my personal experience everything was brought full circle."
“There is a challenge and a need in the medical community for more sex-specific research. I believe the omission of females as research subjects is putting women's health at risk and we need to fuel a conversation that will improve women's healthcare.,"
Her brand new biotech company is committed to changing the women's healthcare market through technology, innovation and vocalization and through extensive research and testing. She is working to develop the first ever, non-invasive, menstrual blood diagnostic and has partnered with a top Boston-area University on research and has won awards from The International Society for Pharmaceutical Engineering and Northeastern University's RISE.
How does it work exactly? Proteins are discovered in menstrual blood that can quickly and easily detect, manage and track diseases in women, resulting in diseases that can be earlier detected, treated and even prevented in the first place. The menstrual blood is easy to collect and since it's a relatively unexplored diagnostic it's honestly a really revolutionary concept, too.
So far, the reactions of this innovative research has been nothing but excitement. “The reactions have been incredibly positive." she shares with SWAAY. “Currently, menstrual blood is discarded as bio waste, but it could carry the potential for new breakthroughs in diagnosis. When I educate women on the lack of female subjects used in research and clinical trials, they are surprised and very excited at the prospect that LifeStory Health may provide a solution and the key to early detection."
To give a doctor's input, and a little bit more of an explanation as to why this really works, Dr. Pat Salber, MD, and Founder of The Doctor Weighs In comments: “researchers have been studying stem cells derived from menstrual blood for more than a decade. Stem cells are cells that have the capability of differentiating into different types of tissues. There are two major types of stem cells, embryonic and adult. Adult stem cells have a more limited differentiation potential, but avoid the ethical issues that have surrounded research with embryonic stem cells. Stem cells from menstrual blood are adult stem cells."
These stem cells are so important when it comes to new findings. “Stem cells serve as the backbone of research in the field of regenerative medicine – the focus which is to grow tissues, such as skin, to repair burn and other types of serious skin wounds.
A certain type of stem cell, known as mesenchymal stem cells (MenSCs) derived from menstrual blood has been found to both grow well in the lab and have the capability to differentiate in various cell types, including skin. In addition to being used to grow tissues, their properties can be studied that will elucidate many different aspects of cell function," Dr. Salber explains.
To show the outpour of support for her efforts and this major girl power research, Villarreal remarks, “women are volunteering their samples happily report the arrival of their periods by giving samples to our lab announcing “de-identified sample number XXX arrived today!" It's a far cry from the stereotype of when “it's that time of the month."
How are these collections being done? “Although it might sound odd to collect menstrual blood, plastic cups have been developed to use in the collection process. This is similar to menstrual products, called menstrual cups, that have been on the market for many years," Dr. Salber says.
Equally shocking and innovative, this might be something that becomes more common practice in the future. And according to Dr. Salber, women may be able to not only use the menstrual blood for early detection, but be able to store the stem cells from it to help treat future diseases. “Companies are working to commercialize the use of menstrual blood stem cells. One company, for example, is offering a patented service to store menstrual blood stem cells for use in tissue generation if the need arises."